NXM
Gold & Precious MetalsPULLBACK⛏ drilling$0.044
as of 2026-07-27
5d return
+0.0%
20d return
-4.3%
60d return
-12.0%
RSI 14
39.5
vs 52w high
-51.1%
vs 52w low
+0.0%
SMA 20
Below
SMA 50
Below
Payns delivers bonanza-grade intercepts (34.77 g/t Au) within broader shallow, consistent mineralisation, positioning the prospect for maiden resource estimate integration into an updated Wallbrook multi-prospect MRE by Q3 2026. Company has de-risked exploration with completion of 21,985m program; three more prospect assay tranches pending through August.
Nexus eliminates the joint venture with Northern Star, securing 100% control of Pinnacles and a clear path to underground mine development on a defined 78,000 oz resource. The modest royalty cost and buyback option provide operational flexibility, though the project remains pre-development with a $28m market cap.
Clement Prospect shows encouraging high-grade stacked lodes (6.36 g/t Au intervals) with depth continuity and open-ended geometry, positioning it for a maiden MRE by Q3 2026. Integration with the adjacent Crusader-Templar deposit (304 koz Au) suggests potential pit optimization synergies as prospects coalesce.
⛏ Drilling active — 54 days since first flagged day